Filing Details
- Accession Number:
- 0001127602-20-027529
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-10-26 17:04:07
- Reporting Period:
- 2020-10-22
- Accepted Time:
- 2020-10-26 17:04:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 91440 | Snap-On Inc | SNA | Cutlery, Handtools & General Hardware (3420) | 390622040 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1768384 | L Timothy Chambers | Snap-On Incorporated 2801 80Th Street Kenosha WI 53143 | Sr Vp & Pres - Tools | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-10-22 | 5,000 | $58.94 | 15,053 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-10-22 | 5,000 | $169.00 | 10,053 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2020-10-22 | 5,000 | $0.00 | 5,000 | $58.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-02-09 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $60.00 | 2022-02-08 | 6,000 | 6,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $79.04 | 2023-02-13 | 6,500 | 6,500 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $109.43 | 2024-02-13 | 7,000 | 7,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $144.69 | 2025-02-12 | 7,000 | 7,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $138.03 | 2026-02-11 | 8,000 | 8,000 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $168.70 | 2027-02-09 | 9,500 | 9,500 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $161.18 | 2019-02-15 | 2028-02-15 | 7,594 | 7,594 | Direct |
| Common Stock | Stock Option (Right to Buy) | $155.92 | 2020-02-14 | 2029-02-14 | 12,000 | 12,000 | Direct |
| Common Stock | Stock Option (Right to Buy) | $155.34 | 2021-02-13 | 2030-02-13 | 13,500 | 13,500 | Direct |
| Common Stock | Restricted Stock Units | $0.00 | 688 | 688 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 1,670 | 1,670 | Direct | ||
| Common Stock | Performance Units | $0.00 | 882 | 882 | Direct | ||
| Common Stock | Performance Units | $0.00 | 1,440 | 1,440 | Direct | ||
| Common Stock | Performance Units | $0.00 | 1,671 | 1,671 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-02-08 | 6,000 | 6,000 | Direct |
| 2023-02-13 | 6,500 | 6,500 | Direct |
| 2024-02-13 | 7,000 | 7,000 | Direct |
| 2025-02-12 | 7,000 | 7,000 | Direct |
| 2026-02-11 | 8,000 | 8,000 | Direct |
| 2027-02-09 | 9,500 | 9,500 | Direct |
| 2028-02-15 | 7,594 | 7,594 | Direct |
| 2029-02-14 | 12,000 | 12,000 | Direct |
| 2030-02-13 | 13,500 | 13,500 | Direct |
| 688 | 688 | Direct | |
| 1,670 | 1,670 | Direct | |
| 882 | 882 | Direct | |
| 1,440 | 1,440 | Direct | |
| 1,671 | 1,671 | Direct |
Footnotes
- The option was exercised and the underlying shares were sold pursuant to a Rule 10b5-1 Plan.
- Includes 45.9098 shares acquired under the Snap-on Incorporated Employee Stock Ownership Plan and 3.2197 shares acquired under a dividend reinvestment plan.
- Option fully vested.
- Exercise of Rule 16b-3 stock option pursuant to a Rule 10b5-1 Plan.
- Original stock option grant vests in three annual installments beginning on the date listed in the "Date Exercisable" column.
- 1 for 1.
- The restricted stock units were earned based on Company performance during fiscal 2018. Assuming continued employment through the end of fiscal 2020, the units will then vest in one installment and the shares will be issued shortly thereafter.
- The restricted stock units may be earned based on the achievement of certain Company goals during fiscal 2020. Assuming continued employment through the end of fiscal 2022, any units earned will then vest in one installment and the shares will be issued shortly thereafter. The target number of units that may be earned is reported above; the maximum number is 200% of the number reported, subject to plan limits.
- If the Company achieves certain goals over the 2018-2020 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- If the Company achieves certain goals over the 2019-2021 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
- If the Company achieves certain goals over the 2020-2022 period, the performance units will vest and stock will be awarded. The target number of units that may be earned is reported above; the maximum amount is 200% of the number reported, subject to plan limits.
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